One of the North-West’s biggest commercial property groups has reported a 42 per cent surge in its pre-tax profits. The family-owned Bruntwood group credited last year’s record £16.8m profit to the ongoing “recovery in the Liverpool property... Read More
Colliers International is inviting offers of £424m for one of its prestige Singapore seafront re-developments sites. The Collyer Quay site is currently occupied by The Arcade, a 20-storey retail and office complex. Completed in 1981, the building has three... Read More
London’s feel-good effect is at last spreading to the regions with domestic and international retail chains scrambling to open new stores, according to Britain’s second biggest property company. London office space continues to be in high demand, British... Read More
A surge in cross-sector business confidence is helping to put three East Midlands counties back on track, according to a new report. Buoyed by signs of revival over the past 12 months, Nottinghamshire, Derbyshire and Leicestershire are all reporting... Read More
The GM Building tops the table of multi-million dollar property tax payers according to the New York Post. The Fifth Avenue building is due to be hit with a bill of $59.2 despite the fact that the property, revalued at $3.4 billion last year, is valued at... Read More
BlackBerry — the trouble-hit Canadian smartphone maker — is putting the majority of its property holdings on the market in a bid to raise badly needed cash. The Ontario-based company said it plans to use a combination of vacant sales and sale-leaseback... Read More
Commercial rents in the Irish capital could rise by as much as 15 per cent this year as the city braces itself for a record number of commercial developments. Two of Ireland’s leading estate agents have confirmed the office market is leading the recovery... Read More
With Belfast’s vacant office space down to just five per cent, demands are gathering pace for the Northern Ireland government to step in with commercial development cash. Currently the city has just 900,000sq ft of empty offices, but less than a... Read More
Land Securities reports that a planning application will be submitted next month to install sunshades at its 20 Fenchurch Street tower to solve the building’s solar glare issue. The announcement came in the developer’s Third Quarter Interim... Read More
In what is claimed to be the biggest Netherlands real estate deal of last year, Philips Pension Fund sold an Amsterdam office block for €215m. Situated within the Amsterdam South Axis, the country’s most densely populated business district, the... Read More
